CoinFLEX is Excited to Announce the Integration of Chainlink Price Feeds into their Platform

Published on: 11.08.2021

CoinFLEX is excited to announce the integration of Chainlink Price Feeds into their platform. Chainlink’s market-leading price feeds will serve as an additional layer of reliability, becoming the default source of price data in the unlikely event that their systems become unresponsive for a short period of time. This will give them a constant, decentralized source of price information and will allow them to test Chainlink before a potential deeper integration in the future.

CoinFLEX is an exchange where users can seamlessly trade perpetual contracts, collect interest on the world’s first interest-bearing stablecoin, and participate in yield farming via AMM+. The latter allows users to concentrate their liquidity into a price range of their choosing and earn yield from the trading activity within that range on CoinFLEX’s centralised order books.

About Chainlink

Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provides developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in value for smart contracts across decentralized finance (DeFi), insurance, gaming, and other major industries.

About CoinFlex

CoinFLEX is the Home of Crypto Yields and is committed to providing institutional and retail investors an easily accessible platform to earn and trade crypto. CoinFLEX creates innovative solutions to bring investors and crypto markets together through intuitive yield products such as flexUSD, the world’s first interest-earning stablecoin, and AMM+, the most capital-efficient automated market maker in the world. CoinFLEX is backed by crypto heavyweights, including Roger Ver, Mike Komaransky, Polychain Capital, and Dragonfly Capital.

⬇️DETAILS:

https://coinflex.com/nl/blog/chainlink-integration-announcement/

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